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President-elect Trump announces the appointment of David O. Sacks as the head of Artificial Intelligence and Digital Currencies at the White House.
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The red shooting star candle caused massive panic in the trading world today, and some are unaware of its sudden appearance. Let me tell you, it only emerges when buying momentum reaches extreme greed + the RSI indicator is above 80, creating massive selling pressure and prompting whales to flee, fearing the meteors and comets that appeared today. The appearance of this candle signifies one thing: Bitcoin dominance has calmed, opening the door for altcoins to soar. My analysis after the appearance of the shooting star candle: 1. Explosive rise 💥 for altcoins. 2. Relative stability for #Bitcoin , consolidating between $88k and $102k. 3. Strong rise for $ETH and $BNB .
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The meme coin season has begun. As soon as BTC rises by 1%, meme coins follow with increases of 10% to 20%.$BTC
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#BSCOnTheRise Ripple was trading against the USD pair at a price of $1.9094 as of 10:04 AM (07:04 GMT) on the platform on Saturday, rising by 19.99% on a daily basis, marking the highest daily increase since. This upward movement pushed Ripple’s market capitalization to exceed $108.9459 billion, accounting for 5.72% of the total cryptocurrency market capitalization. At its peak, Ripple’s market cap reached $102.9256 billion. Ripple traded within a range of $1.7657 to $1.9418 over the last 24 hours. Over the past seven days, Ripple has seen an upward trend in value, with a noticeable percentage increase. The 24-hour trading volume for Ripple in the USD pair at the time of writing reached $18.3968 billion, or 7.73% of the total cryptocurrency trading volumes. Trading occurred within a range of $1.2853 to $1.9418 during the past seven days.#MarketDownturn
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Ethereum’s price rose 15% in a week and outperformed Bitcoin. Whales have shifted their focus to Ethereum, contributing to its 78% yearly growth. Analysts suggest Ethereum’s rally aligns with the bullish market trend, showing a 51% increase from its monthly low. Despite Bitcoin’s significant growth, Ethereum’s momentum indicates growing investor confidence.#MarketDownturn $ETH
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